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Strategies & Market Trends : Strictly: Drilling II

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To: waverider who wrote (11507)5/1/2002 12:51:19 PM
From: rolatzi  Read Replies (1) of 36161
 
I'm having the same trouble picking up more PM stocks.
I keep waiting for stocks to hit trendlines or 50% retracements. They either don't or do it so transiently that I don't get a chance to place my order and get execution. That said, I have been selling puts on NEM every small correction which have been expiring with out value. Picked up 20 June 27.5 puts yesterday. I expect that they will expire worthless but if they don't and I get put the shares, I will be happy to buy them at $26. In the meantime, I haven't sold my core holdings.
Ro
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